Wednesday, September 14, 2011

The Lost Decade for the Middle Class

Jared Bernstein wrote The Lost Decade for the Middle Class "The poverty and income results for 2010 came out this morning and they’re a) about what you’d expect, and b) pretty bad.  Here’s some Q&A on what they show and what I think they mean, both in short-term (cyclical) and longer-term (structural) contexts."

Bernstein also wrote about Inequality, Mobility, NDD Spending, and the American Dream. I'm still not completely clear on the details of how high inequality affects the economy, but the post was interesting.

Robert Reich wrote about inequality in the NY Times a couple of weeks ago, The Limping Middle Class. It also included this great infographic.

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